Goldman Sachs to Hire Social Media Strategist

According to Slate, Goldman Sachs is hiring a “social media community manager” to help manage their Twitter, Facebook, LinkedIn and other social media accounts to “build brand visibility”. Goldman Sachs Group, Inc. is looking for a Community Manager/Social Media Strategist…

Twitter Blows Up with Greg Smith Jokes

Since Goldman Sachs executive Greg Smith published his resignation letter in the New York Times, comments and criticism have been blowing up twitter all day. In case you haven’t read the Op-ed piece, do your self a favor. It is…

Greg Smith Leaves Goldman Sachs With Dignity

Greg Smith, executive director and head of Goldman Sachs’ United States equity derivatives business in Europe, the Middle East and Africa has announced his resignation today. He has published his reasons for leaving the firm in a controversial article in…

Despite Complaints, Amazon May Sell 6 Million Kindle Fires in 2011

Despite a strong start, you may have heard that the Kindle Fire, Amazon’s latest entry into the tablet market, isn’t all that great after all. People weren’t that impressed with several aspects of the Kindle Fire and didn’t take kindly…

Private Facebook Offering Closed To Americans

Often enough, products, services, and contests that originate in the U.S. are just available and/or open to American citizens.  Now, in an unusual reversal of that custom, Goldman Sachs has announced that only clients who aren’t based in the U.S. will be allowed to buy shares of Facebook’s private stock through the firm.

Facebook Raises $500 Million At $50 Billion Valuation

It’s a happy new year indeed for Mark Zuckerberg and everyone with financial ties to Facebook.  Goldman Sachs and Digital Sky Technologies have invested $500 million in the company, according to a new report, and in doing so, valued it at $50 billion.

A couple points of reference: it was only 38 months ago that Microsoft drew laughter by paying $240 million for a 1.2 percent stake in Facebook, valuing it at $15 billion.  And Yahoo and eBay just have market caps of about $21.7 billion and $36.3 billion, respectively.

Goldman Sachs Takes Google Off “Conviction Buy” List

Sorry, Google fans, but from a financial perspective, the search giant seems to have lost some of its luster.  Goldman Sachs hasn’t come close to suggesting that anyone sell their stock – and is in fact still recommending that people buy more – but at the same time, the firm has removed Google from its "Conviction Buy" list.

Goldman Sachs Slashes Nexus One Sales Forecasts

Investment banking and securities firm Goldman Sachs is more or less giving up on Google’s Nexus One.  A note Goldman Sachs published this week indicates that it’s cut its 2010 sales forecast by a whopping 71.4 percent.